Revenue has published some FAQs which provide information in relation to the introduction of Country-by-Country Reporting (CbCR) in Ireland. These FAQs were developed with Revenue over the last 4 months through the TALC BEPS sub-committee.

CbCR is part of Action 13 of the Base Erosion and Profit Shifting (BEPS) Action Plan. CbCR requires large multinational enterprises (MNE) to file a CbCR that will provide a breakdown of the amount of revenue, profits, taxes and other indicators of economic activities for each tax jurisdiction in which the MNE group does business.

The legislation that implements CbCR in Ireland is contained in section 891H TCA 1997.